A fragmented future

With the final arrival and implementation of Mifid, those who relish living in a state of anticipation have turned their attention elsewhere. The market watchers with a penchant for analysing the possible effects of the 'next big thing' have had their sites set on a new target for some time. The banking consortium-backed Project Turquoise, whose potential for success owes everything to the new Mifid regulations, offers all the opportunities for speculation and prediction for which these seas

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